Mahalaxmi Bank Cash Dividend Deposited to the Shareholders Accounts

9th January 2026, Kathmandu

Mahalaxmi Bikas Bank Limited has officially completed the electronic transfer of its approved cash dividend into the bank accounts of all eligible shareholders. This distribution marks the successful implementation of the financial resolutions passed during the bank’s 24th Annual General Meeting (AGM), which was held on Poush 21, 2082, at the Tribhuvan Army Officers Club in Kathmandu. By prioritizing the digital transfer of funds, the bank has ensured that investors receive their returns in a timely and transparent manner, reinforcing its reputation for efficient corporate governance.

Mahalaxmi Bank Cash Dividend

The dividend payout is a direct result of the bank’s profitable operations during the fiscal year 2081/82. Following the formal endorsement by the shareholders and the subsequent verification by the share registrar, Siddhartha Capital Limited, the funds began reflecting in the registered bank accounts of investors on the very day of the AGM.

Comprehensive Dividend Package: Cash and Bonus Shares

The 24th AGM approved a total dividend of 10.37 percent of the bank s current paid up capital. This return is divided into two distinct components designed to provide immediate liquidity while also contributing to the bank’s long term capital strength.

Cash Dividend (5.37 Percent): This portion, which includes the amount required for dividend tax purposes, has already been deposited. For every 100 shares held, a shareholder is receiving approximately 537 rupees, from which the mandatory 5 percent capital gains tax or dividend tax is deducted by the bank on behalf of the investor.

Bonus Shares (5 Percent): In addition to the cash, the bank is issuing 5 percent in bonus shares. This will increase the bank s total paid up capital, which currently stands at approximately 4.51 billion rupees. While the cash is immediate, these bonus shares are currently undergoing the formal listing process on the Nepal Stock Exchange (NEPSE) and will be credited to Demat accounts once regulatory approvals from the Nepal Rastra Bank and SEBON are finalized.

Shareholder Eligibility and Book Closure Details

To determine who was entitled to this year s dividend, Mahalaxmi Bikas Bank implemented a book closure on Poush 7, 2082. This is a standard procedure in the Nepal capital market where the shareholder register is temporarily “frozen” to identify the owners of the company at a specific point in time.

Last Trading Day (LTD): Investors who held or purchased shares until Poush 6, 2082, are the sole beneficiaries of this distribution.

Eligibility for AGM: Only those recorded in the ledger by the book closure date were eligible to attend the meeting and vote on the leadership election, which saw Rajesh Upadhyay re-elected as the Chairman of the Board.

Advertisement

Steps for Shareholders to Secure Their Dividend

While the bank has automated much of the process, some shareholders may experience delays if their account information is outdated. The bank has issued a formal notice through Siddhartha Capital Limited, urging shareholders to ensure their records are accurate to facilitate a smooth credit of both cash and bonus shares.

Update Bank Account in Demat: The cash dividend is sent via the Central Depository System (CDS) to the bank account linked to your Demat profile. If you have changed your primary bank account recently, you must update the “Bank Account Details” in your Demat account through your respective Depositary Participant (DP).

Dematerialize Physical Shares: Investors still holding old physical share certificates will not receive the dividend automatically. These certificates must be converted into digital format (dematerialized) before the cash and bonus shares can be processed.

Pledged Shares (Collateral): If your shares are currently pledged as collateral for a bank loan, the dividend will only be released after you provide a “No Objection Letter” from the lending institution. This ensures that the rights of the lien holder are protected.

Mahalaxmi Bikas Bank: A Vision for Sustainable Returns

The 24th AGM also showcased the bank’s strong financial position. During the meeting, Chairman Rajesh Upadhyay highlighted that the bank has successfully increased its deposits to 56.22 billion rupees and maintained a healthy capital adequacy ratio of 17.06 percent. These indicators provide a solid foundation for the 10.37 percent dividend payout, suggesting that the bank is well positioned to continue its growth trajectory throughout 2083.

The election of a new board, consisting of three members from the promoter group and three from the general public, further ensures that the interests of all classes of investors are represented in the bank’s strategic planning. The move toward a higher dividend compared to the previous year reflects a management team that is confident in its ability to generate consistent value.

Conclusion

The completion of the Mahalaxmi Bikas Bank cash dividend deposit is a significant event for thousands of investors across Nepal. By combining a 5.37 percent cash return with a 5 percent bonus share issuance, the bank has balanced the needs of retail investors for immediate income with the institutional need for capital expansion. Shareholders are encouraged to verify their bank statements and Demat accounts over the coming weeks. As the bank enters a new phase under re-elected leadership, this timely dividend distribution serves as a strong signal of reliability and financial discipline.

For More: Mahalaxmi Bank Cash Dividend